Bitcoin Rally Stalls Near $70K: Will Altcoins Keep Going?
Technical charts forecast that Bitcoin’s downside price risk may be limited, even as BTC failed to overcome $70,000 multiple times this week.
Technical charts forecast that Bitcoin’s downside price risk may be limited, even as BTC failed to overcome $70,000 multiple times this week.
Bulls reclaimed control of the crypto markets on Wednesday as BTC soared above $69,000 and several altcoins made double-digit gains.
Bitcoin and altcoins showed strength in the US session, but technical charts suggest the bears may continue to exert pressure near the intraday highs.
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